The market size of smart locks was projected to reach over four billion U.S. dollars by 2027. The figures for the highlighted period varied between 0.42 billion U.S. dollars in 2016 and 4.41 billion U.S. dollars in 2027, according to different research agencies. This data was complied from various sources to provide a comparison of different market projections regarding smart locks.
Forecast comparison of global smart lock market size in selected years from 2016 to 2027 (in billion U.S dollars)*
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Statista. (May 14, 2020). Forecast comparison of global smart lock market size in selected years from 2016 to 2027 (in billion U.S dollars)* [Graph]. In Statista. Retrieved January 26, 2021, from https://www.statista.com/statistics/1117440/forecast-comparison-of-global-smart-lock-market-size/
Statista. "Forecast comparison of global smart lock market size in selected years from 2016 to 2027 (in billion U.S dollars)*." Chart. May 14, 2020. Statista. Accessed January 26, 2021. https://www.statista.com/statistics/1117440/forecast-comparison-of-global-smart-lock-market-size/
Statista. (2020). Forecast comparison of global smart lock market size in selected years from 2016 to 2027 (in billion U.S dollars)*. Statista. Statista Inc.. Accessed: January 26, 2021. https://www.statista.com/statistics/1117440/forecast-comparison-of-global-smart-lock-market-size/
Statista. "Forecast Comparison of Global Smart Lock Market Size in Selected Years from 2016 to 2027 (in Billion U.S Dollars)*." Statista, Statista Inc., 14 May 2020, https://www.statista.com/statistics/1117440/forecast-comparison-of-global-smart-lock-market-size/
Statista, Forecast comparison of global smart lock market size in selected years from 2016 to 2027 (in billion U.S dollars)* Statista, https://www.statista.com/statistics/1117440/forecast-comparison-of-global-smart-lock-market-size/ (last visited January 26, 2021)